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Answer:
53/100
Step-by-step explanation:
First, we convert the fraction to a decimal number by dividing the numerator by the denominator:
8 / 15 = 0.533
There are two parts to the decimal number above:
Integer Part: 0
Fractional Part: 533
Now, we will make the Fractional Part just two digits (nearest hundredth) by using our rounding rules.*
In this case, Rule I applies, so 8/15 (or 0.533) rounded to the nearest hundredth in decimal format is:
0.53
Next, we will make 8/15 rounded to the nearest hundredth in fraction format. Since you can divide our decimal format answer above by 1 and keep the same value, you can make it like this:
0.53 = 0.53/1
Then, we multiply the numerator and denominator by 100 to get rid of the decimal point:
(0.53 x 100) / (1 x 100) = 53/100
That's it. 8/15 rounded to the nearest hundredth is displayed below (simplified if necessary):
53/100
3/5 both 12 and 20 can both be divided by 4
82, 84, and 86 are your three consecutive even integers.
Answer:
The interest rate is 7.58%
Step-by-step explanation:
Compound continuous interest can be calculated using the formula:
A = P
, where
- A is the future value of the investment, including interest
- P is the principal investment amount (the initial amount)
- r is the interest rate in decimal
- t is the time the money is invested for
∵ Angus has $3,000 he want to invest
∴ P = 3000
∵ The interest rate is compounded continuously
∵ Angus has $5,500 in 8 years
∴ A = 5500
∴ t = 8
→ Substitute them in the rule above to find r
∵ 5500 = 3000
→ Divide both sides by 3000
∴
= 
→ Insert ㏑ in both sides
∵ ㏑(
) = ㏑(
)
→ Remember ㏑(
) = n
∴ ㏑(
) = 8r
→ Divide both sides by 8
∴ 0.07576697545 = r
→ Multiply it by 100% to change it to a percentage
∴ r = 0.07576697545 × 100%
∴ r = 7.576697545 %
→ Round it to the nearest hundredth
∴ r ≅ 7.58
∴ The interest rate is 7.58%